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Hello, looking for someone that knows the area to see if renting out our townhouse when we move next year makes sense. Currently in our gated community, the 3 bed 2 bath would need to bring in $1800 a month to cash flow (between the mortgage, hoa, taxes). Is that reasonable in this area? The two property managers I tried to talk to seemed to lose interest when I explained I wasn't renting yet but with 12 months probably. Comps are being sold right down the road for more than we bought for, so I am hesitant to hold onto a property with negative cash flow.
New to the site, thanks!